US Crypto & Public Policy Watch: Senior U.S. Lawmaker Says Won’t Give CFTC Sole Oversight Over Entire Crypto Industry

One of the primary authors of a bill that would give the Commodity Futures Trading Commission oversight over crypto assets that are not classified as securities this week said the goal is not to make the agency the sole regulator of the entire digital assets industry.

In her opening statement at a hearing examining the collapse of srypto asset firm FTX, Sen. Debbie Stabenow (D-MI), Chairwoman of the Senate Agriculture Committee said…